This trade setup for DOGE/USDT highlights a bullish continuation opportunity. The price is consolidating above the key support level, with Ichimoku indicators signaling an ongoing uptrend. A breakout above the recent high supports the bullish bias, targeting the resistance zone near $0.6990. The stop-loss is set below $0.3560, ensuring risk is managed effectively. This setup aligns with the overall market structure, indicating strong momentum and trend continuation potential.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.